Project Management

Get Involved. Join the Conversation.

Topic

    Hiten Makwana
    Labor Cost Distribution functionality in Oracle Cloud
    Topic posted October 26, 2018 by Hiten MakwanaBronze Medal: 1,250+ Points, tagged Grants Management, Project Costing, Project Management, Public Sector 
    175 Views, 8 Comments
    Title:
    Labor Cost Distribution functionality in Oracle Cloud
    Summary:
    What is Oracle's plan/roadmap to cater to Public Sector clients on this major functionality gap
    Content:

    In Public Sector, all clients are mandated to use 'Actual Labor Costing'. This requires distribution of actual salary amount to various projects and grants on the basis of a predetermined % or based on % time spent on projects.

    Let's use this thread to share our knowledge on Oracle's plan/roadmap and solution alternatives/work arounds.

    We have a very robust custom solution for this requirement, but want to be aware of other alternatives too.

    Hiten

    Comment

     

    • Durga Prasad Mohapatro

      Hi Hiten,

      We are also waiting for the same.

      Is it feasible for you to share pointers for the workaround that you are using?

      Thanks,

      Prasad

      • Hiten Makwana

        Deloitte has built custom extension and used at multiple clients to do labor cost allocation based on % of time spent on various project. This solution is independent of systems involved (PeopleSoft, Kronos, ADP, etc.).

        Based on our experience the major focus area while designing solution are following;

        1. Missing time and labor cost allocation for those

        2. Time reclassifications and corresponding effect

        3. Fringe and true-ups

        4. Leave Accruals and true-ups

        5. Leveraging maximum placeholders from HCM modules instead of customizing too much

        Send me a direct message if you are running in specific questions and I will be happy to guide.

        • Durga Prasad Mohapatro

          Thanks, Hiten. Will connect with you.

        • Federico Samyn Dowie

          Hi Hiten, 

          Could you please share more details about Deloitte's custom extension for allocating labor cost to different projects?

          We are currently relying on time card entries to do this but we are looking to move away from this approach. At the moment we are discussing alternatives to allow our Research Funding team to allocate labor costs for external funded projects (Grants) by percentage of time spent as opposed to hours worked (one of our current time card approach limitations). 

          Thanks.

          Fede.

          • Hiten Makwana

            Hi Fede - Please send me a direct message so that I can help you with more specifics. We have solutions for both the possibilities (by % or by time) that you cited in post.

    • John Kostecki

      Hiten,

      Labor Distribution functionality is on our roadmap but not planned for a specific release.

    • Ryan Waller

      Is this a duplicate of the following: https://cloudcustomerconnect.oracle.com/posts/00a385c123

       

       

      • Hiten Makwana

        Hi Ryan - 

        I looked at that Idea. That is requesting for an automation (integration) for populating standard labor cost rates from HCM to PPM Rate Schedule. 

        However, this thread is more around how do we achieve "Actual" costing (not standard costing). Even if we have rate populated from HCM automatically, that will still have standard costing and there will still be difference between Actual payroll cost and standard cost. I do support that idea, it can really be useful.

        As John confirmed, Labor Distribution functionality is on road map of Oracle. It is not yet confirmed when it will be released.

        Hiten